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they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. that was how their message changed this week. now, the coch brothers funded the americans for prosperity group. they want the government shut down. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they are definitely willing to hit the debt ceiling for all the other stuff they want. at least they have stayed the same. they're funded by the coch brothers. they've been funding basically all of the groups that have been demanding a government shutdown. they've spent over $2 hundred million in a year. on these groups that have been pushing for a government shutdown over obama care. but this wee
they used to be all about raising the debt ceiling, but their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. that was how their message changed this week. now, the coch brothers funded the americans for prosperity group. they...
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Oct 10, 2013
10/13
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the republicans proposed raising the debt ceiling for six weeks. meanwhile wall street, wow, a rocketship-like ride today. the dow closing the day up 322 points. what a trading day. mike viqueira is at the white house for us. and mike, to the extent you can, put us in the room. in about 30 minute's time the president is going to meet with house republicans, what can we expect? >> it started today this morning. there is a glimmer of hope now tony. it's all vague, it's all taking shape, but the stock market reacting to the fact that for the first time in how long has it been, some two weeks, there is some wiggle room now on both sides of this of the house gop and here at the white house as well. a lot yet to be decided. a lot up in the air at this point, but there is a possibility, glimmer of hope that the end is in site at least for the next six weeks. that's what john boehner put in proposal today. a six-week extension of the debt limit. relatively clean, and evidently it is still being written and changed, but john boehner emerged from that meetin
the republicans proposed raising the debt ceiling for six weeks. meanwhile wall street, wow, a rocketship-like ride today. the dow closing the day up 322 points. what a trading day. mike viqueira is at the white house for us. and mike, to the extent you can, put us in the room. in about 30 minute's time the president is going to meet with house republicans, what can we expect? >> it started today this morning. there is a glimmer of hope now tony. it's all vague, it's all taking shape, but...
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i'm not going to raise the debt ceiling. then you went on to say i think personally it would bring stability to the world markets if the debt ceiling were not raised. i want you to first of all tell us if those quotes were accurate and what you meant. >> yeah. those quotes are accurate. i appreciate you having me on, wolf. not raising the debt ceiling does not automatically trigger a default. what i meant by that article there was, you know, i feel like groundhog day, it's kind of like the debate between jimmy carter and ronald reagan. there you go again. we are doing the same things we've done the last 15 years. we have raised the debt ceiling 14 times since 2001 and if that was the answer, we wouldn't be here today. what i meant by that statement was this. if we as a nation, as legislators, address this condition of overspending and if we address that and we say to the rest of the world, to our financial markets, to the rest of the world market, say listen, we've got a spending problem, we realize it, we get it, we're goin
i'm not going to raise the debt ceiling. then you went on to say i think personally it would bring stability to the world markets if the debt ceiling were not raised. i want you to first of all tell us if those quotes were accurate and what you meant. >> yeah. those quotes are accurate. i appreciate you having me on, wolf. not raising the debt ceiling does not automatically trigger a default. what i meant by that article there was, you know, i feel like groundhog day, it's kind of like...
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Oct 12, 2013
10/13
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their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for them, it is not particularly about obama care. it's not really about obama care for them. but they are definitely willing to hit the debt ceiling for all the other stuff they want. at least they have stayed the same. they're funded by the coch brothers. they've been funding basically all of the groups that have been demanding a government shutdown. they funded heritage action, afp, all the tea party groups. shut down the government, right? shut down the government, it's all about obama care. they've spent over $2 hundred million in a year. on thes
their message has been do not raise the debt ceiling. this week though, the club for growth also announced look away if republicans do decide to raise the debt ceiling, so it's still not about obama care, but now, their new message, we want lots of nonobama care related things, but don't hit the debt ceiling on our account. now, the coch brothers funded the mirnes for prosperity group. they want the government shutdown. they do not want to raise the debt ceiling. they want none of that. so, for...
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Oct 11, 2013
10/13
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ceiling raise, he will accept it and sign it, but he does not want to negotiate on the shut down. >> what are we looking at? how tangible is this debt limit solution? are we kicking the can down the road? >> the debt ceiling has always been a can kicked down the road. the republicans did not really want to play with fire. they buy into the same idea that democrats do that if the united states government defaults, or it is an economic catastrophe. from the outset, it did not look like they were going to play chicken. this offer proves the debt ceiling is a mere political tool and does not mean anything. both parties are happy to increase -- we would be much more -- much better off with a spending cap. >> it could get a little more tricky when it comes to -- four out of five americans say they have not felt any personal effects from the shut down. should they expect to feel it sooner or later. the people who have been feeling the effects are either government workers are people that use national parks, fishermen. they will continue to feel the same effects. most people have not felt th
ceiling raise, he will accept it and sign it, but he does not want to negotiate on the shut down. >> what are we looking at? how tangible is this debt limit solution? are we kicking the can down the road? >> the debt ceiling has always been a can kicked down the road. the republicans did not really want to play with fire. they buy into the same idea that democrats do that if the united states government defaults, or it is an economic catastrophe. from the outset, it did not look...
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Oct 10, 2013
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they are offering to raise the debt ceiling on a short-term basis. a six-week boost of the debt ceiling. but it doesn't include with the government reopening or deal with the government reopening at all. john boehner told reporters that has they take this proposal to president obama nothing is on the table, but nothing is off of the table either. >> it's time for leadership, and time for this conversation to begin, and i would hope that the president would look at this as an opportunity and good faith effort on our part to move halfway. >> the house republican plan would forbid the treasury department from taking what is called extraordinary measures. when they hit the ceiling there are extrordanaire measures that can be taken to ensure bills are paid. so putting that off of the table will be unpalatable to the white house, and we have some other concerns, but we may see it hit the house floor as soon as today, dell? >> libby how realistic is this deal? >> the white house has said they really want to see the federal government reopened and that has t
they are offering to raise the debt ceiling on a short-term basis. a six-week boost of the debt ceiling. but it doesn't include with the government reopening or deal with the government reopening at all. john boehner told reporters that has they take this proposal to president obama nothing is on the table, but nothing is off of the table either. >> it's time for leadership, and time for this conversation to begin, and i would hope that the president would look at this as an opportunity...
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we have to raise the debt ceiling in two weeks or for the first time our country goes into default. >> this week both you and the president seem to be trying to panic the markets about raising the debt ceiling and the government shut down saying they should be more concerned. here is the president. >> this time is different. i think they should be concerned. when you have a situation in which the faction is willing to default on u.s. government obligations, then we are in trouble. >> so far the markets are shrugging it off. nasdaq was up more than half a point. aren't your efforts failing to try to use the markets? >> chris, it's my job to make sure that we strengthen the economy and i spend every day trying to do that. that's why it's so important that congress can pay it's bills. there is no dwhae if we were to have the unthink about happen and the united states to default, it could cause series problems. why would anyone want to do that to the american economy? this is not a new issue. i'm going to quote to you something president reagan said to the country in 1983. the full conseq
we have to raise the debt ceiling in two weeks or for the first time our country goes into default. >> this week both you and the president seem to be trying to panic the markets about raising the debt ceiling and the government shut down saying they should be more concerned. here is the president. >> this time is different. i think they should be concerned. when you have a situation in which the faction is willing to default on u.s. government obligations, then we are in trouble....
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government shutdown comes to an end as america escaped the fold of its teeth but the debt ceiling raise certainly has catastrophe has only been delayed. the. protesters in italy take on the police hit the streets to vent their anger at the government's new austerity loaded budget. also this week on nuclear. issues spike in radiation levels of fukushima as readings in a storage tank rise by thousands of times in just two days. what's behind the.
government shutdown comes to an end as america escaped the fold of its teeth but the debt ceiling raise certainly has catastrophe has only been delayed. the. protesters in italy take on the police hit the streets to vent their anger at the government's new austerity loaded budget. also this week on nuclear. issues spike in radiation levels of fukushima as readings in a storage tank rise by thousands of times in just two days. what's behind the.
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Oct 6, 2013
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to use the debt ceiling to default because he didn't want to raise the debt ceiling. you would think someone who made such a gross error in 2006 would sit down and negotiate, and the purpose is get more money and break the republicans. >> so is it on the democratic side? >> look, the whole problem with this is, i think, goes back to the 41 votes to repeal obama care. the republicans have had a recession with repeeling it, or at least an element within the republican party. we're now seeing that. that's how the shutdown crisis stts, with them wanting to defund, end obama care and get rid of it. that's why it's so hard for them to say they aren't responsible for the shutdown, and regardless of what negotiations there are or not, in the wake of all that momentum on obama care and republicans trying to stop it, they could turn into the grand oo party, obstruction and obsession with obama care, and that leads to fiscal assault. that could abe a problem. >> george, i want to bring you in, we have a little time left. there's been talk that the president and senate democrats,
to use the debt ceiling to default because he didn't want to raise the debt ceiling. you would think someone who made such a gross error in 2006 would sit down and negotiate, and the purpose is get more money and break the republicans. >> so is it on the democratic side? >> look, the whole problem with this is, i think, goes back to the 41 votes to repeal obama care. the republicans have had a recession with repeeling it, or at least an element within the republican party. we're now...
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he didn't vote for raising the debt ceiling. does that mean he's uncompromising. >> you look back stakes of the negotiation are radically different than they have been since 1981. >> actually, i don't think they are. but the deficit is radically different and radically higher than it has been. there's a cbo report just two weeks ago that said, look, if you don't address the long-term things this drop will be very temporary. you need to sit down talk about medicare, medicaid, social security, food stamps, farm programs. there's a lot of things in this. right now that's simply not happening. i don't think it's asking the president too much to sit down and talk. i mean, he is the commander in chief, the ceo of the largest executive organization in the world not even convening a discussion. >> is this a position republicans would be happy with if the tables were reversed, which is to say democrats and minority, a third of the government holding the country's economic rating -- >> by the way, it has been reversed. there were multiple
he didn't vote for raising the debt ceiling. does that mean he's uncompromising. >> you look back stakes of the negotiation are radically different than they have been since 1981. >> actually, i don't think they are. but the deficit is radically different and radically higher than it has been. there's a cbo report just two weeks ago that said, look, if you don't address the long-term things this drop will be very temporary. you need to sit down talk about medicare, medicaid, social...
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the debt ceiling. where were you coming from there and why the change of mind? >> when that statement was made, of course the so-called extraordinary measures hn't yet been taken. in other words, there was a number of things the treasury could do administratively in advance of a default, buy time for further negotiations and discussions. secretary liu is now saying all of those measures, those extraordinary measures, have been exhausted and the day of reckoning is now here. >> so you're a republican and i know you're a loyal republican, but i have to say, it's house republicans who are saying that they are demanding some concessions from the administration before they agree to raise the debt ceiling. do you think that's responsible? >> well, if you look at the debt ceiling and the so-called continuing resolution, they are now merging in time into one negotiation, it seems. the president has said he will not negotiate on the debt ceiling, but since these both have merged, he could negotiate on the conti
the debt ceiling. where were you coming from there and why the change of mind? >> when that statement was made, of course the so-called extraordinary measures hn't yet been taken. in other words, there was a number of things the treasury could do administratively in advance of a default, buy time for further negotiations and discussions. secretary liu is now saying all of those measures, those extraordinary measures, have been exhausted and the day of reckoning is now here. >> so...
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and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about fiscal sanity. we can reach fiscal sanity. we have been working very well toward that. but this is all about ideology and philosophy. >> you called speaker boehner courageous for sending the fiscal cliff bill to the floor. you know speaker boehner saw republican defections in the speaker vote this week, he has favored heavy criticism from tea partiers and others. do you suspect similar courage from boehner in the weeks ahead? >> i think he wants to be krajuous. it's really horrible when an example of bipartisanship causes such consternation in one party. boehner w
and then say you don't want to raise the debt ceiling. you can't make those match. >> what's going on? you make a very good point. what's the ideology behind those folks? >> well, it is ideology, but also just -- essentially extortion. what they are trying to do, and been trying to do this, use the debt ceiling or basically black mail leverage they have to strip the social safety net in the country, to privatize social security, privatize medicaid, medica medicare. ith not about...
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Oct 14, 2013
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the debt ceiling and end the government shutdown. health care was the best-perfuming sector. the dow started the session sharply lower but staged a midday turnaround as reports on progress on the negotiations came in. we also want to show you the russell 2000 index of small cap stocks which hit another all-time high thanks to a resurgence in momentum names. the bond market was closed for columbus day. >> big russell 2000, usually very bullish. jim lacamp joins us. let's pick up where seema mody left off. russell 2000, new all-time high. what's that mean? >> it's good news. you look at the russell and the mid caps, they're setting new highs. this market looks like it wants to go higher. the first thing to do is pay attention to the market. i think the market will go higher between now and the end of the year. we have performance-chasing issues. i think bonds are a risky investment. investors don't know what to do with them. the federal reserve is being painted into a second corner because of the one that they created but now because o
the debt ceiling and end the government shutdown. health care was the best-perfuming sector. the dow started the session sharply lower but staged a midday turnaround as reports on progress on the negotiations came in. we also want to show you the russell 2000 index of small cap stocks which hit another all-time high thanks to a resurgence in momentum names. the bond market was closed for columbus day. >> big russell 2000, usually very bullish. jim lacamp joins us. let's pick up where...
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congress must raise the debt ceiling in less than two weeks, or for the first time in our history, the country goes into default. joining me now, the secretary of the treasury, jack lew. welcome back to "fox news sunday." >> good to be with you. >> this week both you and the president seemed to be trying to panic the markets about both raising the debt ceiling and the government shutdown, saying that they should be more concerned. here's the president. >> i think this time's different. i think they should be concerned. when you have a situation in which a faction is willing potentially to default on u.s. government obligations, then we are in trouble. >> but so far the markets are shrugging it off. the dow jones dropped just 1.2% this week. nasdaq was actually up more than 0.5%. aren't your efforts failing to try to use the markets to put pressure on republicans to cave? >> you know, chris, it's my job to try to make sure we strengthen the economy, and i spend every day trying to do that. that's why it's so important for congress to act, to open up the government to make sure we can pa
congress must raise the debt ceiling in less than two weeks, or for the first time in our history, the country goes into default. joining me now, the secretary of the treasury, jack lew. welcome back to "fox news sunday." >> good to be with you. >> this week both you and the president seemed to be trying to panic the markets about both raising the debt ceiling and the government shutdown, saying that they should be more concerned. here's the president. >> i think...
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government shutdown comes to an end as america default by a whisker with the debt ceiling raised some worried that catastrophe is only being delayed. the. protesters in italy take on the police as thousands hit the streets to vent their anger at the government's new austerity loaded budget. also this week. out of new clear a huge spike in radiation levels at fukushima as readings in a story rise by thousands of times in just a day.
government shutdown comes to an end as america default by a whisker with the debt ceiling raised some worried that catastrophe is only being delayed. the. protesters in italy take on the police as thousands hit the streets to vent their anger at the government's new austerity loaded budget. also this week. out of new clear a huge spike in radiation levels at fukushima as readings in a story rise by thousands of times in just a day.
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Oct 8, 2013
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because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. it does not add a dime to our debt. it simply says, you pay for what congress has already authorized america to purchase. whether that's the greatest military in the world or veterans benefits or social security. whatever it is that congress has already authorized, what this does is make sure that we can pay those bills. now, the last time that the tea party republicans flirted with the idea of default two years ago, markets plunged, business and consumer confidence plunged, america's credit rating was downgraded for the first time. a decision to actually go through with it, to actually permit default, according to many ceos and economists, would be, and i'm quoting here, insane, catastrophic, chaos. these are some of the more polite words. warren buffett likened default to a nuclear bomb, a weapon too horrible to use. it would disrupt markets. it would undermine the world's confidence in america as the bedrock of the global economy. and it might perm faane
because it's called raising the debt ceiling, i think a lot of americans think it's raising our debt. it is not raising our debt. it does not add a dime to our debt. it simply says, you pay for what congress has already authorized america to purchase. whether that's the greatest military in the world or veterans benefits or social security. whatever it is that congress has already authorized, what this does is make sure that we can pay those bills. now, the last time that the tea party...
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put the responsibility on me to raise the debt ceiling. >> four top democrats that he should take it. sending a letter to the president. you have to take lawful steps to make sure the america doesn't trigger a global crisis. that is different story from seven years ago when the same four, each of them, voted against raising the debt limit. byron york has hit his limit. i think that is called hypocrisy which seems to be our theme but what do you make of it? >> that is one word you are hearing a lot. not only did they vote against it. harry reid, dick durbin, charles schumer and patty murray plus their fellow senators barack obama and joe boel in 2006 voted against increasing the debt limit. what senator obama said, it was very serious argument about how borrowing was killing america. the money spent on interested was taking money away that that could be spent on infrastructure disaster relief. the money we borrowed from foreign countries was making us vulnerable to the whims of foreign leaders whose prerogatives is not the same as ours. borrowing weakenings us and i will not vote to in
put the responsibility on me to raise the debt ceiling. >> four top democrats that he should take it. sending a letter to the president. you have to take lawful steps to make sure the america doesn't trigger a global crisis. that is different story from seven years ago when the same four, each of them, voted against raising the debt limit. byron york has hit his limit. i think that is called hypocrisy which seems to be our theme but what do you make of it? >> that is one word you...
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term raising of the debt ceiling. senate democrats have not wanted that, and he invited the entire republican cob cues to the white house, to talk about it. but speaker john baner decided that he didn't want to send all of the republicans and so they have 232 to 18. baner spokesman saying a meeting is only worthwhile if it is focused on finding a solution that's why the house republican conference will instead be represented by a smaller group of negotiators including the elected leadership and certain committee chairman. what is not clear here is whether in fact, baner will also deal with the debt ceiling short term debt ceiling deal, but reopening government. on that score, president obama reopened his call yesterday. >> if mr. baner wants to put a vote to the floor to make sure we reopen our government, and america pays its builts i'm confident it would pass. >> but so far, speaker baner has not done it. >> our randall congressional showing a new willington negotiate. >> we believe there's obvious some new willingn
term raising of the debt ceiling. senate democrats have not wanted that, and he invited the entire republican cob cues to the white house, to talk about it. but speaker john baner decided that he didn't want to send all of the republicans and so they have 232 to 18. baner spokesman saying a meeting is only worthwhile if it is focused on finding a solution that's why the house republican conference will instead be represented by a smaller group of negotiators including the elected leadership and...
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the debt ceiling. i think the markets are up over 200 points so far today, which is encouraging to the markets. there was blinking on both sides going on, assuming the short-term deal is accepted by the white house. on the republican side, they've walked away, in terms of raising the nation's debt ceiling for many of the earlier demands about specific changes to obama care, anything along those lines, as far as the debt ceiling. the democratic side and the president's side if he accepts this, if harry reid accepts it, they have to do in order to continue the negotiations over reopening the government and ending the government shutdown, they have to do what dana told us about, this joint house senate conference committee appoint conferrees to talk about long-term debt and the other issues that they have to talk about, as far as a budget is concerned. harry reid had been reluctant to do it, though the democrats had been pushing it for months to have a house senate budget committee, republicans reluctant
the debt ceiling. i think the markets are up over 200 points so far today, which is encouraging to the markets. there was blinking on both sides going on, assuming the short-term deal is accepted by the white house. on the republican side, they've walked away, in terms of raising the nation's debt ceiling for many of the earlier demands about specific changes to obama care, anything along those lines, as far as the debt ceiling. the democratic side and the president's side if he accepts this,...
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now coming back to us and saying it is irresponsible not to raise the debt ceiling. it is an interesting dichotemmy. you have to look at reality much like the opening monlog. there is a difference between politics and policy. and my concern so many people in washington d.c. come here because they are good at politics and not policy and good ideas. people in home don't need us to look good in washington d.c. but need solutionses and answers and we need to get them solutions and answers. >> very well said. congressman thank you very sxch appreciate you being here and go do the lord's work in the devil's town. thank you very much congressman lapping ford of oklahoma. >> he voted against obama care but now said it is here and we have to live with. it former pennsylvania congressman jason a tmeyer and here. stay with us. at home, i would. [ male announcer ] hurry in o crabfest at red lobster, the only time you can savor three hearty alaskan cb entrées all under $20. like snow crab and crab butter shrimp for just $14.99. or our savory crab and roasted garlic seafood bake.
now coming back to us and saying it is irresponsible not to raise the debt ceiling. it is an interesting dichotemmy. you have to look at reality much like the opening monlog. there is a difference between politics and policy. and my concern so many people in washington d.c. come here because they are good at politics and not policy and good ideas. people in home don't need us to look good in washington d.c. but need solutionses and answers and we need to get them solutions and answers. >>...
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and talk of raising the debt ceiling is raising concerns more than ever. >> you said it allows to borrow money needed to pay our bills. what's wrong with that statement!! if we have to borrow money to pay our bills we're in over our head and we don't get in further and further and further by borrowing more and more and more. [ applause ] >> we're putting -- >> reporter: swalwell offers a short-term fix to get the lights back on. >> let's just pass a budget even if it's for 45 days. let's get folks back to work. let's keep the government open. >> reporter: as it stands now, 2.1 million federal employees are forced to work without pay. that includes secret service who stand guard and protect our nation's capital. like the secret service agent who was airlifted to a hospital after a woman tried to ram her car through security barricades. his paycheck is on hold. one thing that drew a round of applause at today's town hall when the congressman said he is refusing his paycheck until federal employees are paid. the last federal shutdown back in 1995 lasted 21 days. congressman swalwell is head
and talk of raising the debt ceiling is raising concerns more than ever. >> you said it allows to borrow money needed to pay our bills. what's wrong with that statement!! if we have to borrow money to pay our bills we're in over our head and we don't get in further and further and further by borrowing more and more and more. [ applause ] >> we're putting -- >> reporter: swalwell offers a short-term fix to get the lights back on. >> let's just pass a budget even if it's...
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debt ceiling, should it be raised? must it be raised? >> it absolutely should be raised, but it's not unusual to attach the policy change with the debt ceiling increase. the president should be willing to negotiate that and do something good out of this crisis. >> thank you for joining us. we can check out the website as well. >> jamie, we're continuing to follow that case of road rage that's getting all this attention nationwide. there's some new developments we'll tell you about straight ahead. tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is easier. celebrex can be taken with or without food. and it's not a narcotic. you and your doctor should balance the bene
debt ceiling, should it be raised? must it be raised? >> it absolutely should be raised, but it's not unusual to attach the policy change with the debt ceiling increase. the president should be willing to negotiate that and do something good out of this crisis. >> thank you for joining us. we can check out the website as well. >> jamie, we're continuing to follow that case of road rage that's getting all this attention nationwide. there's some new developments we'll tell you...
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Oct 10, 2013
10/13
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is also just a week away from a crucial debt line, the debt ceiling -- if the debt ceiling isn't raised the u.s. could default for the first time. serious situation here. how are those negotiations going? the treasury secretary is giving evidence even as we speak, and he has warned that any default with failure to reach a deal to raise the debt ceiling will have serious implications for the united states economy. and therefore, by extense for the world economy. some republicans are saying look, if we don't start, we would immediately be in default, we could do some sort of deal in the longer term, but there is no immediate pressing concern. what other financial experts are saying this is a hugely unpredictable area. ronald ragan warned against it when he is president, so he is saying please don't do this because we don't know what the consequences will be. but there's a real concern that the recovery they are begin tock see that could be tanked if they decide not do raise the debt ceiling. there are many that are weary of this, but they also want to see if they can get a longer deal. so
is also just a week away from a crucial debt line, the debt ceiling -- if the debt ceiling isn't raised the u.s. could default for the first time. serious situation here. how are those negotiations going? the treasury secretary is giving evidence even as we speak, and he has warned that any default with failure to reach a deal to raise the debt ceiling will have serious implications for the united states economy. and therefore, by extense for the world economy. some republicans are saying look,...
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ceiling raise has some worry the catastrophe has only been delayed. protesters and the police. vent their anger at the government's new austerity loaded budget. also this week when i see. a huge spike in radiation levels at fukushima. storage tank rise by thousands of times in just a day.
ceiling raise has some worry the catastrophe has only been delayed. protesters and the police. vent their anger at the government's new austerity loaded budget. also this week when i see. a huge spike in radiation levels at fukushima. storage tank rise by thousands of times in just a day.
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Oct 11, 2013
10/13
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CNN
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the debt ceiling? >> no, wolf, everything is on the table. we're trying to put a lot of things on the table to get the government open, to make sure that the debt ceiling's extended and to get our economy moving again, and of course, obama care is one of those things that's holding our economy back. obviously there's a lot of big issues we want to address to get the economy moving again so that american families that were struggling before the shutdown are able to actually -- >> when the dust settles and there's no reference at all to obama care, will you vote to reopen the government and raise the debt ceiling? if there's no mention of obama care in the legislation whatsoever? >> obviously i want to see what a deal is. >> say there's no reference to it at all. what happens? >> i don't deal in hypotheticals but we're pushing to get the problems of obama care addressed. what about just fairness? the fact that president obama himself exempted members of congress from this law, if it's so good, shouldn't
the debt ceiling? >> no, wolf, everything is on the table. we're trying to put a lot of things on the table to get the government open, to make sure that the debt ceiling's extended and to get our economy moving again, and of course, obama care is one of those things that's holding our economy back. obviously there's a lot of big issues we want to address to get the economy moving again so that american families that were struggling before the shutdown are able to actually -- >>...
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May 21, 2013
05/13
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now, this body may well vote to raise the debt ceiling, but if this body votes to raise the debt ceiling, we should do so after fair and open debate where the issue is considered and where the threshold is the traditional 60-vote threshold where we can address what i think is imperative that we fix the problem. when i -- when i travel across the state of texas, men and women stop me all the time and say enough of the games. go up there, roll up your sleeves, work with each other and fix the problem. and just getting a new credit card, jacking up the debt ceiling with no spending reforms, no structural reforms, no pro-growth reforms is a mistake, it's the wrong path. a senator: will the senator yield for a question? mr. cruz: i will yield. mrs. boxer: here's the question. the people in my state are saying the same thing. roll up your sleeves and attack the problems, because guess what? i remember when this budget was balanced when bill clinton was president. it took literally a few months before george w. bush gave a tax break and put it on the credit card, two wars on the credit card and
now, this body may well vote to raise the debt ceiling, but if this body votes to raise the debt ceiling, we should do so after fair and open debate where the issue is considered and where the threshold is the traditional 60-vote threshold where we can address what i think is imperative that we fix the problem. when i -- when i travel across the state of texas, men and women stop me all the time and say enough of the games. go up there, roll up your sleeves, work with each other and fix the...
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Oct 10, 2013
10/13
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does default on its debt, doesn't raise the debt ceiling. it looks like he's going to have a tough sell, especially with republicans on the panel. let's play a clip. i believe we have treasury secretary lew speaking with republican senator from wyoming, mike enzi. let's listen. >> mr. secretary, i think this is the 11th time i've been through this discussion about the sky is falling and the earth will erupt. wyoming families aren't buying these arguments. they're saying, you can't spend more than you take in. and you can't -- definitely can't keep doing it forever and ever and ever. >> senator, those wyoming families know that after they've run up their credit card, they don't get to ignore t they have to pay the bill. the debt limit is just paying our bills. >> and those bills secretary lew was talking about are bills that will come due between october 17th and november 1st, bills that would pay military troops, active duty troops, medicare, medicaid payments, not just bills or payments to bond holders. a whole lot of people would be in tro
does default on its debt, doesn't raise the debt ceiling. it looks like he's going to have a tough sell, especially with republicans on the panel. let's play a clip. i believe we have treasury secretary lew speaking with republican senator from wyoming, mike enzi. let's listen. >> mr. secretary, i think this is the 11th time i've been through this discussion about the sky is falling and the earth will erupt. wyoming families aren't buying these arguments. they're saying, you can't spend...
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Sep 10, 2013
09/13
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FBC
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the debt ceiling, raising the debt ceiling it appears there will be a deal but it is going to the end of the year, the resolution still unclear. and implementing obamacare still the critical issue and one which has john boehner himself has said it looks like a train wreck. very critical inflection point with politics. president obama's legacy is now certainly not the issue. the national interest certainly is. the obama presidency in a time of turbulence of the president's own making. one of the very first to demand a congressional vote on syria, he joins us thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. lou: our next guest just introduced a resolution today which says no money can go toward military operations in syria without congressional ap
the debt ceiling, raising the debt ceiling it appears there will be a deal but it is going to the end of the year, the resolution still unclear. and implementing obamacare still the critical issue and one which has john boehner himself has said it looks like a train wreck. very critical inflection point with politics. president obama's legacy is now certainly not the issue. the national interest certainly is. the obama presidency in a time of turbulence of the president's own making. one of the...
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Oct 10, 2013
10/13
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let's raise the debt ceiling and have the fight over the shut down. that raised the debt ceiling. they send the letters to house republicans and saying abortion should be part of any deal. they are so divided on what they want here. >> the question i have is it feels like john boehner and eric kantor had the problem since the start. there four dozen republicans who believe on first principal that obama care is bad law and bad for the country and the economy. it's all tied in. how do you convince those folks to let's say vote for a clean debt ceiling bill. is that possible or do you expect if there is a short-term deal that it will be something attached as a souvenir? >> one of the biggest ironies is i don't think whatever yawn boehner and eric kantor will flee the 40 to 50 house conservatives and this is why people like john mccain are there and the gallup poll shows the republican party is at an all time low, lower than in the clinton impeachment. this is difficult for the republicans. >> i'm glad you mentioned those numbers. it's such a division and we have seen the republicans.
let's raise the debt ceiling and have the fight over the shut down. that raised the debt ceiling. they send the letters to house republicans and saying abortion should be part of any deal. they are so divided on what they want here. >> the question i have is it feels like john boehner and eric kantor had the problem since the start. there four dozen republicans who believe on first principal that obama care is bad law and bad for the country and the economy. it's all tied in. how do you...
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Jan 21, 2013
01/13
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WRC
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let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> a bill that says regardless of what happens with the debt ceiling, the united states will never default on the debt, would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the mcconnell act. >> we may have just made news. >>> last week, general colin powell was here worried about a dark vein of intolerance in republican quarters. you are part of a stream of new faces in the republican party, minority faces and voices in the party that seem to stand against that. how did you respond to it? >> well, i saw that interview. i respect general powell a great deal. i was disappointed with those comments. i think he was buying into some of the partisan attacks. if you look at this last election, for example, i think the most racially divis
let us raise the debt ceiling. no strings attached. and if the president can raise it as he should be able to and if congress wants to reject it 2/3. the mcconnell proposal is a good republican proposal. i hope you support it. that's the way to go. >> a bill that says regardless of what happens with the debt ceiling, the united states will never default on the debt, would you support that or not? >> i support the concept. i'd have to look at the bill. the best way to do that is the...
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Oct 14, 2013
10/13
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your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i guess this is going to happen october 17. sure scares tuple. guest: it's not just brinkmanship, but america's reputation overseas. host: caller, you are on the air. caller: hello, everyone. i think we see -- host: all right, let's move on to nicole in jackson city. caller: i was calling to talk but the government shutdown. i have a niece. she is in college. her child was in head start. the thing with parents -- they have to overcome and yesterday in the grocery store, there was a woman in there behind her. they had 9 children. they got the groceries. they coul
your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i...
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Oct 6, 2013
10/13
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WETA
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that could happen 11 days from now if the debt ceiling is not raised. house speaker, john boehner, insisted that the president negotiate immediately. >> we are not going to pass it when the votes are not in the house to pass a clean debt limit. and he is risking default by not having a conversation with us. >> the president had said he will open conversations but only after the shutdown is lifted. >> the president does not have the authority to take action in that kind of a way. he has consulted with his lawyers and that is the c conclusion that he has reached. of course the so-called war on terror began in afghanstan weeks after the september 11th attacks. troops are still deployed in that country and four of them were killed today in a bombing in the south. >> for the latest about all of this we are joined by matthew resenberg from kabul. where are we in the plans for troop withdrawal? >> the plan is a small residual force up to 9,000 people to help train the afghans with a smaller counter terrorism force. guys who would go out and continue the fight
that could happen 11 days from now if the debt ceiling is not raised. house speaker, john boehner, insisted that the president negotiate immediately. >> we are not going to pass it when the votes are not in the house to pass a clean debt limit. and he is risking default by not having a conversation with us. >> the president had said he will open conversations but only after the shutdown is lifted. >> the president does not have the authority to take action in that kind of a...
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Oct 10, 2013
10/13
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ceiling is raised and the government is reopened. either way the stock market rallied on the news out of washington with the dow more than 300 points in trading. investors assume the republican offer is open and shut, and democrats will probably warm up to some kind of deal. much focus has been put on the level of debt the government is running. currently running up -up -- current $16.7 trillion. the only way to bring this figure down is to start paying it off. something that depends on a budget surplus, and that's not happening any time soon. what both sides can address is how to bring down annual shortfalls. the amount the government takes in and the amount it actually spends. lawmakers can shrink amount by cutting government spending, and raising taxes or a combination of boths. democrats have traditionally favored raising taxes especially on the rich, and republicans prefer to cut social programs. budget deficits and all of that go under running them up are now on the table again. patricia has more. >> reporter: when the united s
ceiling is raised and the government is reopened. either way the stock market rallied on the news out of washington with the dow more than 300 points in trading. investors assume the republican offer is open and shut, and democrats will probably warm up to some kind of deal. much focus has been put on the level of debt the government is running. currently running up -up -- current $16.7 trillion. the only way to bring this figure down is to start paying it off. something that depends on a...
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Oct 15, 2013
10/13
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has failed to raise it's federal debt ceiling in a timely matter. that set down futures by more than 100 points. alleged al-qaeda member al-liby captured in libya earlier in october. he was accused of helping al-qaeda to bomb embassies in tunisia and libya. if you want more news from al jazeera go over to our website at www.aljazeera.com. "real money with ali velshi" is next with al jazeera. >> deal or no deal damage has been done to the u.s. economy and job market. and they're highly educated but struggling to make ends meet. a look at america's new working poor. >>> plus talking about recession resistant. now one entrepreneur made an entire business out of meatballs. i'm ali velshi, and this is "real money." >> this is "real money." you are the most important part of our show. so join the conference by using the #aj real money. we're 15 days into a government shutdown. and new study warns even if the u.s. temporarily defaults on its obligations a brief recession could be the result in 2014. that would push the jobless rate to 8.5%. it would cost 2
has failed to raise it's federal debt ceiling in a timely matter. that set down futures by more than 100 points. alleged al-qaeda member al-liby captured in libya earlier in october. he was accused of helping al-qaeda to bomb embassies in tunisia and libya. if you want more news from al jazeera go over to our website at www.aljazeera.com. "real money with ali velshi" is next with al jazeera. >> deal or no deal damage has been done to the u.s. economy and job market. and they're...
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Oct 5, 2013
10/13
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congress does need to take this seriously. >> tell them to end this shut down and raise the debt ceiling. but consequences of doing so, john are simply too dire. >> ali velshi. thank you. on the ground in syria, fighting is as fierce as ever. new amateur video surfaced. a government-air strike in the east part of that country. the army said rebels are also engaged in battles and damascus. the opposition is trying to force out the president. president assad out of power and in an interview with turkish tv the syrian country warned that country will pay a heavy price for backing rebels fighting the overthrow him. >> translator: in the near future these terroristless have an impact on turkey. it's not possible to use terrorism as a card and put nit your pocket because it's like a scorpion which won't hesitate to sting you at any moment. >> reporter: on august 21st, a suburb of damascus was a target of a chemical weapons attack that killed 1400 people. that is called ghhouta. we are obscur obscuring her idey for safety. >> at least 95% of the people in the town which was the town that was hi
congress does need to take this seriously. >> tell them to end this shut down and raise the debt ceiling. but consequences of doing so, john are simply too dire. >> ali velshi. thank you. on the ground in syria, fighting is as fierce as ever. new amateur video surfaced. a government-air strike in the east part of that country. the army said rebels are also engaged in battles and damascus. the opposition is trying to force out the president. president assad out of power and in an...